Japan’s SoftBank to invest $2 bn in Intel

Tokyo: Japan-based tech investor SoftBank Group said Tuesday it will invest $2 billion in Intel, as the US government reportedly considers taking a 10-percent stake in the troubled US chip giant.

The move is the latest in SoftBank’s succession of investments and business deals in the United States as its charismatic founder Masayoshi Son aggressively courts US President Donald Trump.

Read more

You may also like

Comments are closed.

More in IT